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Instead, you might consider alternatives. Check your town/county for subsidized housing for seniors (assuming you qualify). Would you consider taking in tenants to help pay expenses? (If so, be cautious about whom you agree to share with). Can you sell the current home and buy a small condo that would lower your expenses? Are you working? That would bring in some income.
Someone told me they needed to get a reverse mortgage in order to stay in her home. I have very little equity (5 years) in the house so I think that's a deal breaker.